Mike Crapo

I think what happened with Equifax is a complete reason why we need a CFPB, a company that was so sloppy with personalized information, 147 million Americans' data exposed.

I respectfully have to disagree with my colleague from Georgia. Having lived through the crisis, having been here and seen the meltdown, I think it was absolutely appropriate to create this agency.

I could not agree more with these goals, and I thank Secretary Carson and his team for working with this Committee to achieve these objectives.

If there is no further business to come before the Senate, I ask unanimous consent that it stand adjourned under the previous order. There being no objection, the Senate, at 7 p.m., adjourned until Thursday, March 8, 2018, at 9:30 a.m…

I thank the Senator from Virginia. I yield the floor. The PRESIDING OFFICER (Mr. Flake). The Senator from Vermont.

I thank Senator Warner, my good friend and colleague from Virginia. I see that Senator Sanders from Vermont is here and the time has arrived for his time on the floor. I will just conclude by saying that I agree with Senator Warner. We…

I very much thank Senator Donnelly. I truly appreciate the Senator's solid, strong, and continued commitment to making this bill work, come to be a reality, and now helping to get it across the floor of the Senate. The Senator truly is…

I thank my colleague from Montana, Senator Tester. Earlier in my remarks, I said that this bill had been years in the making, and Senator Tester is one of those who have been involved the entire time, helping us to get here, as are Senator…

I thank Senator Corker. I appreciate that. Next, I would like to turn to my colleague from the other side of the aisle--another colleague from the other side of the aisle, just showing the bipartisanship we have here on this bill--Senator…

I thank very much the Senator from Georgia. I next ask Senator Corker if he would like to weigh in and let us know his thoughts on this.

I just want to express appreciation for the Senator's chart. For those who cannot see the chart, this is a chart that the Senator from North Dakota has put up that shows the intersection of Main Street and relief for Main Street. The…

Economic growth has been a key priority for this Committee and this Administration this Congress.

Today's hearing is an important opportunity to examine the current state of monetary and regulatory policy.

Welcome, Chairman Powell, for your first appearance before this Committee as Chairman of the Federal Reserve Board of Governors, and congratulations on your confirmation.

Every time a new idea for how to fix the health-care system comes out, it is accused of eliminating pre-existing conditions as well as every other possible attack that can be dreamed up against it.

There are many, many people, millions and millions and millions of people in America, who are in the middle class who own stock.

The stock buybacks have been referenced here as though they were a terrible thing and just benefited really rich people.

I think almost everybody agrees it is at least 25 percent. And many believe it is up as high as 70 percent.

What you are projecting is that, since we did take action and pass some historic and, I think very powerful, tax reform, you expect through your analysis that we could achieve that or get close to that 3-percent rate of growth?

I would ask you to get back to me on recommendations as you refine your evaluation of our current financial legislative system and whether we need to provide further clarification from Congress.

I don't see any specific gaps today.

[w]here does the FSOC see gaps or shortfalls in cybersecurity protection today?

It is critical that personal data is protected by both the Government and industry.

This remains one of my top priorities, and I look forward to continuing to work with the other Members of this Committee.

I have repeatedly stated that the status quo is not a viable option and reforming the housing finance system is one of my key priorities.